A stock market is a place where shares of companies and other commodities are traded. In India, the major stock market indices are called the Nifty 50 and Sensex. To trade on the stock market, you need to open a DEMAT account with a stock broker.
A DEMAT Account refers to a deposit made at an Indian financial institution that can be used for investing in shares of stocks and other financial assets. Securities are held electronically in a DEMAT Account thereby eliminating the need for physical paper certificates.
Investing in the stock market has a higher degree of risk than other forms of investments but can also lead to higher rewards than other forms of investments. You should carefully study the stock market before investing in the market and get professional financial advice for your unique situation. Never rely on unverified reports of hot tips for trading shares.